New economic paradigms

The purely market-based approach to development has failed the world's poor. If the global economy is to serve the interests of all people, it must be primarily geared towards securing basic human needs in perpetuity, founded upon a genuine form of multilateral cooperation and economic sharing.

The increasing rate of slum growth in the Global South is the direct result of an international development paradigm that fails to prioritise the basic needs of the poor. A world without urban poverty cannot be realised without a redistribution of power and resources on the national and global level, argues a new report by Share The World’s Resources.

A new vision for cities clearly begins with a change in mindset by the business and political community and all those involved in the governance and construction of cities. This requires a rethinking of the entrepreneurial and ‘marketing’ approach to urban development in which the city is regarded as a product for exchange with the rest of the world, as if the city is a saleable commodity that...

A sustainable global economy fit for the 21st Century must be based on a new ethical framework that reflects and supports humanity’s interdependence. The process of economic sharing can ensure that the world’s essential resources, goods and services are made accessible to all, according to a new brief by Share The World’s Resources.